I'm a full-time author and trying to (finally) get to grips with my finances. It's difficult as I'm paid in advances and royalties, which can never quite predict.
I'd like to be in a position where I can look at my bank accounts and say 'right, I CAN afford that trip to Dublin next year' while being confident I'm not taking too much of a risk with my money. I know it's common to keep 6 months in reserve in a savings account. Do you guys do this? How do you then approach your business account? Does all your income go into your business account (after you know you have a 6 months reserve) with a 'wage' going from it to your personal account? How do you know you can treat yourself?